Science4Data Article Insights

https://www.adp.com/spark/articles/2020/05/take-precaution-how-financial-services-and-data-security-must-adapt-to-covid-19.aspx#

Take Precaution: How Financial Services Must Adapt to COVID

2020-05-28 14:59:00, , Spark

Content Categorization
/Computers & Electronics
/Business & Industrial/Business Operations

Word Count:
896

Words/Sentence:
18

Reading Time:
8.96 min

Reading Quality:
Advanced

Readability:
16th or higher

Media Sentiment
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RCS Analysis
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Risk Score
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PESTEL Scope
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Entity Word Cloud
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Auto Summary
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Financial Data Concerns During COVID-19

Protecting financial data was already one of the top concerns of the new decade before COVID-19 arrived, as cybercriminals have been targeting this information more frequently.

Kim Albarella, Senior Director of Security Advocacy at ADP, outlines the new challenges financial institutions are facing in this environment, as well as how managers can protect their organizations.

The COVID-19 global health event has forced employees nationwide to leave the office and work from home.

For example, criminals may pose as lenders and claim they are helping people access government stimulus programs to trick people into relaying their financial information.

Communication Tips

Albarella believes effectively communicating matters of data security to employees depends on getting a few key points across: "Watch out for mistakes, be aware of scams and follow the company security procedures."

Data Security

Technology

Workplace Safety and Security

Research & Insights

Risk and Compliance

Small Business

Multinational

Articles

Finance

Midsize Business

Large Business

Keywords
challenges of financial institutions, Large Business

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